Indra Sistemas SA Stock Rating Reaffirmed by AlphaValue (IDR)

Indra Sistemas SA (MCE: IDR)‘s stock had its “buy” rating restated by investment analysts at AlphaValue in a note issued to investors on Thursday, StockRatingsNetwork.com reports. They currently have a €13.10 ($17.01) price objective on the stock.

A number of other firms have also recently commented on IDR. Analysts at Ahorro Corporacion Financiera SA reiterated a “sell” rating on shares of Indra Sistemas SA in a research note to investors on Wednesday. They now have a €9.80 ($12.73) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Indra Sistemas SA in a research note to investors on Tuesday, June 4th. They now have a €8.70 ($11.30) price target on the stock. Finally, analysts at BPI reiterated a “sell” rating on shares of Indra Sistemas SA in a research note to investors on Monday, May 20th. They now have a €9.40 ($12.21) price target on the stock.

Seven equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of €9.74 ($12.66).

Indra Sistemas SA is a Spain-based company primarily engaged in the provision of information technology (MCE: IDR) solutions and consultancy services.